CarGurus (CARG) Research & Development (2016 - 2026)
CarGurus (CARG) posted Research & Development of $97.6 million for Q2 2026, little changed on a QoQ basis from $97.5 million in Q1 2026, and up 18.22% year-over-year from $82.6 million in Q2 2025.
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CarGurus (CARG) Research & Development (2016 - 2026) Analysis & Trends
CarGurus has reported Research & Development for 11 years, with the latest figure at $97.6 million in Q2 2026.
- On a quarterly basis, Research & Development rose 18.22% year-over-year to $97.6 million in Q2 2026; TTM through Jun 2026 was $364.9 million, a 18.06% increase from a year earlier, with the FY2025 full-year figure at $340.9 million, up 10.88% from the prior year.
- Research & Development was $97.6 million for Q2 2026 at CarGurus, roughly flat from $97.5 million in the prior quarter.
- The five-year high for Research & Development was $97.6 million in Q2 2026, with the low at $47.6 million in Q4 2023.
- Average Research & Development over 5 years is $80.7 million, with a median of $82.3 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Research & Development soared 44.56% in 2022, then tumbled 32.22% in 2023.
- Over 5 years, Research & Development stood at $70.2 million in 2022, then slumped by 32.22% to $47.6 million in 2023, then advanced by 29.53% to $61.6 million in 2024, then jumped by 30.52% to $80.5 million in 2025, then gained by 21.36% to $97.6 million in 2026.
- The last three Research & Development figures came in at $97.6 million (Q2 2026), $97.5 million (Q1 2026), and $80.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | -7.02 Bn |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 263.00 Mn |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | -673.00 Mn |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 875.00 Mn |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 1.13 Bn |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 697.00 Mn |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 2.12 Bn |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | 233.00 Mn |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | -38.45 Mn |
| 10 | CarGurus | 2.51 Bn | 2.39 Bn | 231.10 Mn | 97.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 97.64 Mn |
| Mar 31, 2026 | 97.48 Mn |
| Dec 31, 2025 | 80.45 Mn |
| Sep 30, 2025 | 89.37 Mn |
| Jun 30, 2025 | 82.59 Mn |
| Mar 31, 2025 | 83.67 Mn |
| Dec 31, 2024 | 61.64 Mn |
| Sep 30, 2024 | 81.22 Mn |
| Jun 30, 2024 | 82.31 Mn |
| Mar 31, 2024 | 82.27 Mn |
| Dec 31, 2023 | 47.59 Mn |
| Sep 30, 2023 | 76.83 Mn |
| Jun 30, 2023 | 77.84 Mn |
| Mar 31, 2023 | 75.58 Mn |
| Dec 31, 2022 | 70.20 Mn |
| Sep 30, 2022 | 83.32 Mn |
| Jun 30, 2022 | 95.61 Mn |
| Mar 31, 2022 | 87.58 Mn |
| Dec 31, 2021 | 89.64 Mn |
| Sep 30, 2021 | 66.63 Mn |
API Access
CarGurus Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=CARG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "CARG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=CARG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();